Behring: Most 3G Value Creation Came From Growth, Not Zero-Based Budgeting
Alex Behring · Classic Deal - Burger King by 3G Capital (EP.384) · May 6, 2024 · at 11:47
Alex Behring, co-managing partner at 3G Capital, addresses public perception regarding 3G's use of zero-based budgeting versus organic and inorganic growth.
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“In spite of all the publicity the zero-based budget gets, the portion of that value creation that is directly associated with the efficiencies and therefore with the zero-based budget is small. I mean, frankly, the majority of that growth came from, again, the organic and the inorganic growth.”
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